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MBWM
Volume: 101.5K
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Mercantile Bank (MBWM) Stock Forecast & Price Target

Mercantile Bank (MBWM) Analyst Ratings

Based on 5 analyst ratings
Buy
Strong Buy 20%
Buy 60%
Hold 20%
Sell 0%
Strong Sell 0%

Bulls say

Mercantile Bank Corp has demonstrated robust credit quality metrics, with a non-performing loans (NPL) ratio of 0.21% and a substantial NPL coverage of 6.1 times, reflecting strong risk management practices. The bank's loan-to-deposit ratio is expected to improve to 102% by the fourth quarter of 2025, supported by a 14% sequential rise in end-of-period deposits, indicating healthy growth in both lending and deposit bases. Furthermore, Mercantile Bank's average loans increased by 9% on a linked quarter annualized basis, showcasing strong demand in the competitive Michigan markets.

Bears say

Mercantile Bank Corp has reported a challenging financial environment marked by a decline in net interest income and significant pressures on earnings per share (EPS) estimates, particularly following the March banking crisis. Notably, the bank experienced a 19% quarter-over-quarter decrease in classified commercial loans, indicating potential issues in loan performance and credit quality, further contributing to investor concerns. Additionally, while operating expenses slightly improved, core fee income decreased by 11% quarter-over-quarter, suggesting that revenue generation capabilities may be waning, which collectively casts a negative outlook on the stock's future performance.

Mercantile Bank (MBWM) has been analyzed by 5 analysts, with a consensus rating of Buy. 20% of analysts recommend a Strong Buy, 60% recommend Buy, 20% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Mercantile Bank and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Mercantile Bank (MBWM) Forecast

Analysts have given Mercantile Bank (MBWM) a Buy based on their latest research and market trends.

According to 5 analysts, Mercantile Bank (MBWM) has a Buy consensus rating as of Jun 15, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $39.50, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $39.50, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Mercantile Bank (MBWM)

Volume: 101.5K

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